RTTNews – Volkswagen (VKW.L, VLKAF.PK, VOW.BE) and BP Plc. (BP) said that they plan to work together on extending and speeding up the deployment of ultra-fast electric vehicle charging facilities at bp retail sites across the UK, Germany and elsewhere in Europe. The companies said they have signed a memorandum of understanding for their collaboration […]
Successful final closing of MEAG’s second Infrastructure Debt Fund – with investment commitments in excess of €1 bn
The MEAG Infrastructure Debt Fund II has attracted commitments from institutional investors for over 1 billion euros The fund will finance infrastructure projects in Germany, Europe and USA together with Munich Re It is an Alternative Investment Fund (AIF) with the legal structure of a Luxembourgian S.C.S. SICAV-RAIF limited partnership In the final closing phase […]
IEA says India’s solar energy output to match coal-fired power by 2040
Coal currently dominates India’s electricity sector, accounting for over 70% of overall generation with only about 4% produced through solar CHENNAI – The share of solar energy in India’s power generation could equal coal-fired output by 2040, the International Energy Agency (IEA) said on Tuesday, driven by falling renewable tariffs and a government push to […]
How Europe became world’s biggest electric-car market and why it might not last
European consumers are buying electric cars at a faster pace than ever, encouraged by government subsidies and the availability for the first time of models built by their favorite brands. The boom is so strong that Europe passed China as the world’s largest electric-vehicle market last year. Its share of new electric-car sales nearly doubled […]
Saudi Arabia offers Europe ‘green’ hydrogen by pipeline
Hydrogen is regarded by many experts as the clean energy of the future The need to fight global emissions is key to the “circular carbon economy” championed by Saudi Arabia as a way to achieve climate change goals DUBAI: Saudi Arabia is offering to transport “green” hydrogen by pipeline to Europe in the next stage […]
Northvolt invests $200m in Polish energy storage factory
Swedish battery supplier Northvolt has announced the $200m construction of Europe’s largest energy storage systems factory in Poland. Swedish battery supplier Northvolt has announced the $200m construction of Europe’s largest energy storage systems factory in Poland. Located in Gdańsk, builders will construct the 50,000m² factory in two phases. The first phase will begin this year, […]
Hydrogen project pipeline tops $300 billion—report
Most of the world’s planned hydrogen projects and the biggest chunk of related investments this decade are expected to be in Europe, an industry report said on Wednesday, as the continent races to scale up the low-carbon fuel to meet climate goals. The European Union has made hydrogen a key plank in its aim to […]
What’s the future of electric vehicle charging infrastructure?
Dual ports offer full charge in 4 to 6 hours Calls for more electric vehicle (EV) charging points are growing louder. Automakers are rapidly expanding their EV line-ups and many governments are offering generous purchase incentives. The concern now is that there may not be sufficient charging infrastructure to support the growing fleet. In Europe, […]
Irish outfit designs solar floater for coastal communities
SolarMarine Energy in County Mayo, Republic of Ireland, has designed an innovative floating hybrid renewable energy system, which could provide clean power for Irish coastal communities. The research and development project was funded by the Marine Institute’s 2018 Industry-Led Awards scheme. Under the scheme, the Marine Institute provided €2.4m in funding for research projects to […]
Europe pulls ahead in race for hydrogen, as global project pipeline grows -report
Most of the world’s planned hydrogen projects and the biggest chunk of related investments this decade are expected to be in Europe, an industry report said on Wednesday, as the continent races to scale up the low-carbon fuel to meet climate goals. The European Union has made hydrogen a key plank in its aim to […]
